The US Federal Reserve has cut interest rates but signaled a slower pace of rate cuts, citing a relatively stable unemployment rate and little recent improvement in inflation. The central bank’s decision reflects a cautious approach to monetary policy, with officials projecting only two quarter-percentage-point rate reductions by the end of 2025. The Fed’s move…
finance on The Soothsayer / page 9
Lightchain AI, a new project, is making waves in the blockchain scene with its innovative technology and real-world applications. The platform combines blockchain technology with artificial intelligence, offering a scalable, intelligent, and versatile solution. With its Memecoin Launchpad, Lightchain AI provides a secure and dynamic environment for creators and developers to innovate and monetize their…
US President-elect Donald Trump has expressed his support for union dockworkers in their fight against automation, citing the distress and harm it causes to American workers. The International Longshoremen’s Association (ILA) and the US Maritime Alliance (USMX) are at an impasse over the use of semi-automated cranes, with the ILA arguing that automation destroys jobs…
Argentina’s science community is facing a severe crisis due to the country’s economic situation. President Javier Milei’s austerity measures have led to a significant reduction in the budget for science and research, causing a massive brain drain and threatening the country’s scientific progress. Researchers are struggling to make ends meet, and many are considering leaving…
Physicists in Europe have successfully demonstrated the relationship between quantum uncertainty and wave-particle duality, confirming a 2014 theoretical prediction. The experiment, conducted by researchers at Linköping University in Sweden, used orbital angular momentum states of light to show that a minimum level of uncertainty must always result when a measurement is made on a quantum…
The European Union has appointed a new research head, Ekaterina Zaharieva, to reshape the world’s biggest collaborative research programme and help stop the bloc’s economic and technological downward slide. The focus will be on strengthening industry involvement in the scheme to boost innovation, with a particular emphasis on increasing private investment in research and improving…
The cryptocurrency market is experiencing a surge in momentum, with several inexpensive coins expected to make significant gains. Rexas Finance, Stellar, and Hedera are at the forefront of this trend, with analysts predicting they could reach $10 within the next four months. These coins are supported by solid ecosystems and investor optimism, making them attractive…
The Bank of Canada has slashed its key policy rate by 50 basis points to 3.25 percent, marking the first time since the pandemic that the central bank has implemented consecutive jumbo-sized cuts. Governor Tiff Macklem also expressed concern over the potential tariffs imposed by the US, which he described as a “major new uncertainty.”…
Rexas Finance, a revolutionary platform for real-world asset (RWA) tokenization, is poised to surpass Ethereum’s historic 2017 bull run gains with a possible 69,000% increase in the next bull market. The platform’s creative approach to tokenizing physical and financial assets, including real estate, commodities, art, and intellectual property, is expected to bring about a new…
Google has announced its latest quantum computing chip, Willow, which has left the tech industry stunned with its incredible performance claims. According to Google, the chip’s speed and reliability are so impressive that they suggest the existence of parallel universes, a concept that has long been the realm of science fiction. While some experts have…